Whether you’re looking to expand, acquire new premises, relieve cash flow pressures, or reduce your finance costs, an asset finance broker could help you with better solutions. The assets in your business could provide the security for much-needed finance.
An asset finance broker has deep knowledge of appropriate financing options that they apply to provide their clients with the best rates!
In short form, an asset finance broker works as an intermediary between their client and the lender who is providing the necessary funds.
Collateral you can borrow against
- Debtors – outstanding invoices
- Stock
- Plant & machinery
- Property
The benefits of asset-based lending
- Protects equity – assets are the security
- Cost effective – turns your collateral into cash
- Tailored to you – manage cash flow fluctuations
- Flexible – assets not typically allowed as security on a classic loan
Making the most of your business assets
Raising finance against your existing collateral is an option available to all businesses at any stage of growth but is particularly viable when there are gaps in a company’s cash flow. The most common uses for this type of funding are:
- Refinancing existing debt
- Funding growth plans
- Facilitating mergers and acquisitions
- Supporting management buy-outs
“My position changed overnight; Pegasus achieved in one week what six reputable finance houses failed to complete after several months. Although the terms of the solution were tough, it saved me money. The original search was costly in terms of valuations as each potential provider had the property valued, but in the long run they were unable to help.”